Intangible Assets, net and Goodwill

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets, net and Goodwill

Intangible Assets, net

The following tables present certain information regarding our intangible assets as of June 30, 2022 and December 31, 2021:

	As of
	June 30, 2022						December 31, 2021
	Gross Carrying Value		Accumulated Amortization		Net Balance		Gross Carrying Value		Accumulated Amortization		Net Balance
Amortizable intangible assets:
Customer relationships	$	905	$	(480)	$	425	$	911	$	(445)	$	466
Intellectual property	928		(690)		238		914		(670)		244
Licenses	439		(375)		64		472		(380)		92
Brand names	130		(102)		28		132		(97)		35
Trade names	163		(88)		75		158		(54)		104
Patents and other	14		(7)		7		12		(7)		5
Total intangible assets	$	2,579	$	(1,742)	$	837	$	2,599	$	(1,653)	$	946

The following reflects intangible amortization expense included within D&A:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Amortization expense	$	60	$	46	$	120	$	91

Goodwill

The table below reconciles the change in the carrying value of goodwill by business segment for the period from December 31, 2021 to June 30, 2022.

	Gaming(1)		SciPlay		iGaming		Totals
Balance as of December 31, 2021	$	2,405	$	126	$	361	$	2,892
Acquired goodwill	—		93		8		101
Foreign currency adjustments	(28)		(5)		(28)		(61)
Balance as of June 30, 2022	$	2,377	$	214	$	341	$	2,932
(1) Accumulated goodwill impairment charges for the Gaming segment as of June 30, 2022 were $989 million.